Midea Group Co., Ltd. has called an extraordinary general meeting (EGM) for 13 October 2026 to seek shareholder approval for two key actions:

1. Cancellation of 123,958 Restricted Shares • 2022 Scheme: 80,633 A-shares will be repurchased at RMB13.17 each (total cost: RMB1.06 million) after eight recipients left the company, missed performance targets or changed positions. • 2023 Scheme: 43,325 A-shares will be repurchased at RMB15.09 each (total cost: RMB0.65 million) for similar reasons affecting 28 participants. • Combined, the repurchase involves 123,958 shares—only 0.002% of the 7.63 billion total shares outstanding—bringing the post-cancellation share count to 7,629.29 million. Funding will come from internal resources. The Remuneration and Evaluation Committee and legal counsel confirmed compliance with China’s equity-incentive regulations and company bylaws.

2. Interim Dividend for FY 2026 • The Board recommends a cash dividend of RMB0.50 per share (RMB5 per 10 shares), based on 7.46 billion shares eligible after deducting 171.28 million A-share treasury stock and 0.10 million treasury H-shares. • Aggregate payout would reach RMB3.73 billion, equivalent to 14.10% of net profit attributable to shareholders for the period. Dividends will be paid in renminbi for A-shares and in Hong Kong dollars for H-shares, with FX conversion based on the PBoC’s five-day average rate preceding the EGM.

Corporate Governance & Timeline • The EGM will be held in Foshan, Guangdong, on 13 October 2026. Voting will be conducted by poll; no shareholders are required to abstain. • If approved, repurchase/cancellation procedures and dividend distribution are expected to be completed within two months following the meeting.

Financial Impact The RMB1.72 million outlay for the share repurchase is immaterial relative to Midea Group’s balance sheet and will not affect ongoing incentive schemes or management performance targets. The proposed dividend underscores the company’s cash-flow capacity while maintaining a moderate 14.10% payout ratio.